Tuesday, August 08, 2006

Blackstone not making a higher bid on HCA

The HCA buyout will likely stand as it is. For weeks there has been speculation that Blackstone might trump the offer from HCA's management and the consortium of PE firms that included Bain and KKR. According to a Bloomberg article, however, it seems that Blackstone will not be making a higher bid. The $33 billion deal will be the largest private equity buyout ever.


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